MALVERN, Pa.-- (BUSINESS WIRE) -- USA Technologies Inc. (NASDAQ: USAT), ("USAT"), a leader of wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, is pleased to announce that it is among the winners of the SmartCEO 2014 Future 50 awards for Greater Philadelphia.

The Future 50 awards program recognizes the region's 50 fast-growth, midsize companies, five large blue chip companies and five small emerging growth companies. The companies were chosen based on a combined three-year average of revenue and employee growth. The group will be recognized in the January/February 2014 issue of Philadelphia SmartCEO magazine and celebrated at an awards ceremony on January 16, 2014.

"The companies we are honoring this year are growing in spite of the economic hardships we have all been facing," said Craig Burris, founder and CEO of SmartCEO. "They are moving their customers, the economy and the Greater Philadelphia region forward and deserve to be recognized for their achievements and growth."

Stephen P. Herbert, chairman and CEO of USA Technologies, will be accepting the award for USA Technologies. "We are honored to be among the 2014 Future 50 winners. We also extend our thanks to our customers for their role in this achievement and their shared vision for bringing the convenience of cashless payment to the unattended retail market."

ABOUT: USA Technologies is a leader of wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries. ePort Connect® is the company's flagship service platform, a PCI-compliant, end-to-end suite of cashless payment and telemetry services specially tailored to fit the needs of small ticket, self-service retailing industries. USA Technologies also provides a broad line of cashless acceptance technologies including its NFC-ready ePort® G8, ePort Mobile™ for customers on the go, and QuickConnect™, an API Web service for developers. USA Technologies has been granted 87 patents; and has agreements with Verizon, Visa, Elavon and customers such as Compass, Crane, AMI Entertainment and others. Visit the website at www.usatech.com.

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